On the eve of the Independence Day, the government of India announced the revamp package for PSU banks. In a way the Rs.20,000 crore package for this year is part of the Rs.70,000 crore that... Read more
It was a week dominated by the macros. Yuan overshadowed a healthy IIP and CPI! A 2% devaluation of the Yuan raised the specter of 1994. Back then, a shift from the dual exchange rate system... Read more
The Indian rupee cracked below the psychological barrier of Rs.65/$ to close at Rs.65.10. This is the first time in the last 24 months that the rupee has weakened below the 65 mark, a level ... Read more
The debate on the monetary policy committee gets more interesting by the day. Former RBI governor, Duvuri Subbarao feels that a monetary policy committee may be the right way ahead consideri... Read more
"No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the
money remains in investor's account."
"KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."
60+ Financial NEws & Reports
Subscribe to Receive 60+ financial news reports in your inbox FREE of Cost